KVARTAL 29 AS

3183 HORTEN

Finances

Share Ownership

Return on Equity

186,86 %

Current Ratio

5,52

Debt-to-Equity Ratio

−23,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 072 000	1 196 000	668 000	753 000
Net Income	−1 650 000	−621 000	−936 000	−226 000
Total Assets	20 356 000	21 514 000	12 801 000	8 881 000
Total Equity	−883 000	767 000	935 000	1 872 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 072 000	1 196 000	668 000	753 000
Expenditure	1 849 000	1 459 000	1 215 000	678 000
Operating Profit	−777 000	−262 000	−577 000	−92 000
Financial Income	0	0	1 000	0
Financial Costs	873 000	486 000	360 000	134 000
Financial Balance	−873 000	−486 000	−359 000	−134 000
Earnings Before Tax	−1 650 000	−749 000	−936 000	−226 000
Tax	0	−128 000	0	0
Net Income	−1 650 000	−621 000	−936 000	−226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 523 000	20 165 000	12 327 000	8 453 000
Total Current Assets	833 000	1 348 000	473 000	428 000
Total Assets	20 356 000	21 514 000	12 801 000	8 881 000
Total Retained Equity	−3 736 000	−2 086 000	−1 465 000	−528 000
Total Equity	−883 000	767 000	935 000	1 872 000
Total Long-Term Debt	21 088 000	20 615 000	11 813 000	6 584 000
Total Current Debt	151 000	132 000	53 000	426 000
Total Equity and Debt	20 356 000	21 514 000	12 801 000	8 881 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 072 000	1 196 000	668 000	753 000
Revenue	1 072 000	1 196 000	668 000	753 000
Cost of Goods Sold	65 000	15 000	0	0
Salary Costs	0	0	0	0
Depreciation	1 222 000	1 241 000	907 000	337 000
Impairment	0	0	0	0
Expenditure	1 849 000	1 459 000	1 215 000	678 000
Operating Profit	−777 000	−262 000	−577 000	−92 000
Financial Income	0	0	1 000	0
Financial Costs	873 000	486 000	360 000	134 000
Financial Balance	−873 000	−486 000	−359 000	−134 000
Dividends	0	0	0	0
Net Income	−1 650 000	−621 000	−936 000	−226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 943 000	20 165 000	12 309 000	8 417 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	18 000	37 000
Total Tangible Assets	18 943 000	20 165 000	12 327 000	8 453 000
Total Fiancial Fixed Assets	580 000	0	0	0
Total Fixed Assets	19 523 000	20 165 000	12 327 000	8 453 000
Stock	575 000	369 000	0	30 000
Total Investments	0	0	0	0
Cash, Bank	219 000	124 000	106 000	159 000
Total Current Assets	833 000	1 348 000	473 000	428 000
Total Assets	20 356 000	21 514 000	12 801 000	8 881 000
Total Equity	−883 000	767 000	935 000	1 872 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 088 000	20 615 000	11 813 000	6 584 000
Creditors	114 000	86 000	40 000	311 000
Unpaid Taxes	31 000	42 000	13 000	34 000
Dividends	0	0	0	0
Other Current Debt	6 000	4 000	0	81 000
Total Current Debt	151 000	132 000	53 000	426 000
Total Equity and Debt	20 356 000	21 514 000	12 801 000	8 881 000

Financial indicators	2022	2021	2020	2019
Return on Equity	186,86 %	−80,96 %	−100,11 %	−12,07 %
Debt-to-Equity Ratio	−23,88	26,88	12,63	3,52
Operating Profit Margin	−72,48 %	−21,91 %	−86,38 %	−12,22 %
Current Ratio	5,52	10,21	8,92	1
Quick Ratio	−1,96	−5,69	8,92	1,08
Equity Ratio	−0,04	0,04	0,07	0,21
Gross Profit Margin	93,94 %	98,75 %	100 %	100 %